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Is FASTag mandatory for everyone?
FASTag, India’s electronic toll collection chip for national highways, is mandatory for all vehicles. Already, over 80 per cent of all toll collected across national highways is through FASTag. Therefore, not having a FASTag installed in your vehicle may prove to be very inconvenient while driving on national highways.
What can I use if I don’t have a FASTag?
If you own a four-wheeler and don’t have a FASTag yet, then you should be prepared to pay double the toll tax at every toll plaza that you cross on the Indian national highway. Since 16 February 2021, the Indian government made it mandatory for all four-wheeled vehicles to have a FASTag stuck to their windshield.
Is FASTag mandatory for car insurance?
On September 3, 2020, the Ministry of Road Transport and Highways issued a press release which said that a valid FASTag will be made mandatory for anyone getting new third-party insurance as the FASTag ID of the vehicle will be captured along with other data in the vehicle insurance policy.
Is FASTag mandatory for renewal of car insurance?
Apart from the government making FASTags mandatory, it is also now essential to have a FASTag if you want to buy or renew motor insurance online after April 1, 2021.
Is third-party insurance mandatory for cars?
As per the Motor Vehicles Act of 1988, a third-party insurance cover is mandatory for anyone who owns or drives a motor vehicle in India. The cover also protects you in case of a third-party injury or even death of the person because of your vehicle.
Is third-party insurance valid for car?
Yes, it is true that third-party car insurance is mandatory in India. According to the Motor Vehicle Act, 1988, if you are driving a car on Indian roads without a valid insurance plan, then you may face serious legal issues. So, the best thing is to avail at least a third-party insurance plan for your car.
Is mandatory for third party claim?
While the above-mentioned covers are optional, third party insurance is compulsory as per the Motor Vehicle Act. This cover is for legal liabilities claimed by the third party against the damage, or injury or third party property damage where the insured is at fault.